GRAINS-Soybeans at 2-week high as dry weather slows planting in Brazil

Hellenic Shipping News | Oct 10,2017 Chicago soybeans were largely unchanged after climbing to a two-week high on Monday, underpinned by concerns about dry weather bringing planting delays in the world’s biggest exporter, Brazil.Corn rose for a third consecutive session as rains threatened the U.S. harvest, while wheat extended Friday’s gains… Source:http://www.hellenicshippingnews.com/grains-soybeans-at-2-week-high-as-dry-weather-slows-planting-in-brazil/

2017-10-17T10:40:02+00:00 October 10th, 2017|Agri Commodities|

Oil CEOs seek reforms, promise big investments

Economic Times |Oct 10,2017 NEW DELHI: Global oil companies promised investments running into lakhs of crores of rupees in India as they sought a number of energy sector reforms including unified gas pricing, inclusion of oil and gas in the goods and services tax regime and a gas tariff regulatory board… Source:http://economictimes.indiatimes.com/industry/energy/oil-gas/india-looks-at-strategic-partnership-with-oil-producers/articleshow/61007988.cms

2017-10-17T10:37:42+00:00 October 10th, 2017|Agri Commodities|

Country set for good Rabi season due to late rains: Agriculture Secretary

Economic Times |Oct 10,2017 The country is headed for good rabi season despite below normal monsoon rains, thanks to a surge of rainfall in the last week of September that replenished soil moisture, agriculture secretary Shobhana K Pattanayak has said. The late rains will benefit planting of rabi crops such as wheat and chana, Pattanayak [...]

2017-10-17T10:36:27+00:00 October 10th, 2017|Agri Commodities|

Russia. Export wheat prices continued growing again last week

Commodity India|Oct 09,2017 Russian wheat prices continued growing in the export market last week. On average, prices for 12.5%-protein milling wheat closed it up another $3/MT at $193-196/MT FOB Novorossiysk port for October-November delivery. Russian wheat with 11.5% protein gained some $4-5/MT over the week and reached $185-187/MT FOB Novorossiysk port for October-November delivery, reports [...]

2017-10-17T10:40:42+00:00 October 9th, 2017|Agri Commodities|

Small cardamom continues to dip

The Hindu Businessline |Oct 09,2017 Small cardamom prices continued to witness an easier trend as supply outstripped the demand at auctions in Kerala and Tamil Nadu. It is the peak harvesting time and hence the arrivals have risen which may continue till November, PC Punnoose, General Manager, CPMC told BusinessLine.He said the exporters were active and [...]

2017-10-17T10:39:29+00:00 October 9th, 2017|Agri Commodities|

Icrisat finds way to combat aflatoxins in groundnuts

The Hindu Businessline |Oct 09,2017 Aflatoxins, a poison produced by the Aspergillus fungus that grows naturally on food crops, is a hidden burden that is estimated to affect over 500 crore people. Daily intake of small doses could reduce immunity and stunt growth of children. A new study by a team of international scientists, including [...]

2017-10-17T10:38:54+00:00 October 9th, 2017|Agri Commodities|

Govt to step in if cotton price falls below MSP

Economic Times |Oct 09,2017 As India is looking at a bumper cotton crop, government agencies are all prepared to enter the market in case prices fall below minimum support levels. Traders, however, said they expect prices to remain above MSP till December, except in Telangana.The Cotton Association of India is due to release its crop [...]

2017-10-17T10:37:06+00:00 October 9th, 2017|Agri Commodities|

Russia. Export wheat prices continued growing again last week

Hellenic Shipping News | Oct 09,2017 Russian wheat prices continued growing in the export market last week. On average, prices for 12.5%-protein milling wheat closed it up another $3/MT at $193-196/MT FOB Novorossiysk port for October-November delivery. Russian wheat with 11.5% protein gained some $4-5/MT over the week and reached $185-187/MT FOB Novorossiysk port for [...]

2017-10-17T10:33:26+00:00 October 9th, 2017|Agri Commodities|